Pros
There are never any resources to do proper planning and executing on a roadmap. So the board keeps changing the IT management every few years and they want to do what ever is the latest management trend to save money. In the past 10 years, they tried outsourcing, offshore outsourcing, insourcing and now with the new CIO they are trying a hybrid model. The people are nice when they don't have to fight for resources. It get's ugly at the director level and above so everyone in those levels gets paid well. The shrewd ones survive the longest. Getting things done is extremely difficult when successful. This can be a great challenge and a learning opportunity for any one who can get things done. This experience will help people in other jobs. I will always be grateful for that opportunity. I got things done.
Cons
Where ever there is a shortage of resources, there is politics of survival. Getting projects done is extremely challenging. To be successful, one has to work extremely hard and please a lot of egos. There are plenty of approvals and controls with systems not working properly. There is little or no governance at least in the IT. Everything depends on the whim of some leader in IT or business. It takes time to figure that out.